Introduction to Entrepreneursh:
(Each bullet needs to only be 2-3 paragraphs)
Question 1:
• Go to Minority Business Entrepreneur (MBE) Website and explore the organization’s offerings, located at http://www.mbemag.com/. Determine how organizations such as MBE can help business owners put at least one of the models built around social networks into practice. Support your position.
• Then, go to the MBE Business Resource Directory, (see attachment mwbe resource directory) determine two to three businesses that would be good partners for one another.
Question 2:
Go to Forbes’ Website and read, “Are You an Innovative Entrepreneur”, (attached). Then, use the Internet to search for professional associations and other Websites that might help entrepreneurs to find and refine new business ideas.
• Examine at least two of the resources you found. Determine ways that these resources could be useful in aiding entrepreneurs with new business ideas.
• Propose two actions, alternative to the ones listed in the article, which entrepreneurs can take to be more innovative.
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Are You An
Innovative Entrepreneur?
Comment Now Follow Comments
Pop quiz: How do you
define an entrepreneur?
The typical
answer—which is
technically correct—is
that an entrepreneur is
anyone who starts a
business. That includes
folks who start lawn care
businesses, dry cleaners, and yogurt shops.
However, these aren’t the kinds of businesses that
are the true growth engines of our economy. In fact,
according to research by Amar Bhide, 85% of
entrepreneurs around the world build businesses based on someone else’s
idea. Only about 15 percent of them launch ventures based upon their own
original idea. ThinkJeff Bezos(http://www.forbes.com/profile/jeff-bezos/)at
Amazon.com(/companies/amazon/) AMZN-1.8%(/companies/amazon/) building an
online book selling business in a world of brick and mortar booksellers. Or
moving the world to electronic readers by coming up with the Kindle and a
digital bookstore. Entrepreneurial founders at theworld’smost innovative
companies(http://www.forbes.com/special-features/innovative-companies.html), like Bezos,are indeed the“crazy ones”(asApple’s“Think
Different” campaign put it). They change the world by creating new
businesses that no one else has thought of before.
So are you an innovative entrepreneur? Takethis quick five-question
diagnostic test(http://innovatorsdna.com/innovators-assessments/)to get a
sense for your creative proclivities (these are pulled from our 60-item
Jeff Dyer and Hal Gregersen(http://www.forbes.com/sites/innovatorsdna/)Contributor
We write about innovation based on research from The Innovator’s DNA.
Opinions expressed by Forbes Contributors are their own.
Page1 of3 Are You An Innovative Entrepreneur?
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assessment, which captures the innovator’s DNA skills in far more depth). Do
you agree with the following statements? A simple “yes” or “no” works fine for
each one.
Associational thinking: I creatively solve challenging problems by drawing on
diverse ideas or knowledge.
Questioning: I often ask questions that challenge others’ fundamental
assumptions.
Observing: I get innovative ideas by directly
observing how people interact with products and
services.
Networking: I regularly talk with a diverse set of
people (e.g., from different functions, industries,
geographies) to find and refine new business ideas.
Experimenting: I frequently experiment to create
new ways of doing things.
In our database of 7,000 executives and
entrepreneurs around the world, the ones who
answered “agree” or “strongly agree” to these
statements were those who built new, financially-successful businesses based
on novel ideas (you can learn more about our research and work at
learn.innovatorsdna.com(http://learn.innovatorsdna.com?src=ForbesOld)).
If you said“yes” in agreement with at least three of these diagnostic questions,
the odds are in your favor that you have been, are, or could be an innovative
entrepreneur. (Or as Clayton Christensen, our co-author ofThe Innovator’s
DNA(http://innovatorsdna.com) puts it, you have“disruptiveinnovator”
potential.) But, if you did not agree with these statements (in other words, you
don’t do these things on a regular basis), then you are unlikely to be an
innovator unless something changes. The good news is if you are willing to
change your behavior, you can increase your potential to become an innovative
entrepreneur. But you must CHOOSE to do so. This takes hard work because
it requires real changes in your habits and behaviors.
Put simply, innovative entrepreneurs act different to think different and in the
end, they make a difference. They live the Innovator’s DNA by regularly
asking provocative questions, observing the world like anthropologists,
networking with diverse people to get new ideas, experimenting to figure out
novel solutions, and connecting the typically unconnected insights to create
disruptive new business ideas. That’s what famous entrepreneurs do and it’s
what the less famous, but equally innovative, entrepreneurs of the world do as
well.
For example, Glen Jakins, originally from South Africa, has leveraged these
skills over and over to build several surprising new businesses. One of his
most recent ventures solved a problem that he encountered while camping in
the redwood forests of North America. Early one evening a nearby camper
started up a diesel generator and let it run most of the night, completely
ruining the solitude of the forest. Glen was so irritated by the experience that
he decided tocreate and build a truly silentgenerator
(http://www.humless.com/) . He scoured the world for the perfect battery
technology (a combination of lightweight and long charging), added a solar
panel for those without plug-in electricity recharge options, leveraged local
Page2 of3 Are You An Innovative Entrepreneur?
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university engineering talent to make it all work, and delivered a truly silent
generator that can run a full size refrigerator for over a day if the power goes
down. His attentive observation was the catalyst for creating something that
had never been created before.
And that’s precisely how the other innovative entrepreneurs of the world also
generate equally innovative businesses. They question, observe, network, and
experiment day-in and day-out to generate new ideas. By doing so, they add
new value to our lives—and our economy—as they find new solutions to the
problems we face. That’s why our world needs more entrepreneurs who “act
different” to “think different”—so that in the end they can truly make a
difference.
Promoted Stories
1.
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Page3 of3 Are You An Innovative Entrepreneur?
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M/WBE Resource Directory
A |B |C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R |S | T | U | V | W |X | Y | Z
A
American Indian Search
URL:www.AmericanIndianSearch.com
Airport Minority Advisory Council (AMAC)
2001 Jefferson Davis Highway, Suite 500
Arlington, VA 22202
Phone: 703-414-2622
Fax: 703-414-2686
Executive Director: Ms. Shelby Scales
E-mail:shelby.scales@amac-org.com
URL:www.amac-org.com
American Small Business Chamber of Commerce
700 12th Street, NW, Suite 700
Washington, DC 20005
888-861-9290
CEO: Terry Williams
URL:www.americansbcc.org
American Subcontractors Association (ASA)
1004 Duke Street
Alexandria, VA 22314-3588
703/684-3450
703/ 836-3482 fax
Executive Vice President: E. Colette Nelson
URL:www.asa-hq.com
Association of Procurement Technical Assistance Centers (APTAC)
360 Sunset Island Trail
Gallatin, TN 37066
(615) 268-6644
President Juanita Beauford
presidentelect@aptac-us.org
URL: www.aptac-us.org
B
Business Consortium Fund, Inc. (BCF)
305 Seventh Avenue
20th floor
New York, NY 10001
212/243-7360
212/243-7647 fax
President & COO: Serafin Mariel
URL:www.bcfcapital.com
Business Planning (FREE Online Service)
Enloop, Inc.
161 Natoma Street
San Francisco, CA 94105
415.671.6178
Founder and CEO: Cynthia K. McCahon
URL:www.enloop.com
C
MBE Resource Center
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Canadian Youth Business Foundation (CYBF)
100 Adelaide Street West
Suite 1302
Toronto ON, M5H 1S3
1.866.646.2922
Fax: 1.877.408.3234
E-mail:info@cybf.ca
URL:www.cybf.ca
D
Diverse Business Solutions LLC
2336 Thorium Drive, #17
Greenwood, IN 46143
Office: (317) 979-3397
Fax: (812) 471-2996
webmaster@dbs-llc.net
URL:www.dbs-llc.net
Diversity Information Resources (Formerly Try Us Resources)
2105 Central Avenue, NE
Minneapolis, MN 55418
612/781-6819
612/781-0109 fax
Executive Director: Leslie Bonds
E-mail:info@diversityinforesources.com
URL:www.diversityinforesources.com
E
Entrepreneurs’ Organization
500 Montgomery Street, Suite 700
Alexandria, VA 22314-1437 USA
703.519.6700
703.519.1864 fax
Managing Director: Robert Strade
E-mail:info@eonetwork.org
URL:www.eonetwork.org
F
Food Marketing Institute
2345 Crystal Drive, Suite 800
Arlington, VA 22202-4801
202/452-8444
202/429-4519 fax
E-mail:fmi@fmi.org
URL:fmi.org
Franchise Prospector
URL:franchiseprospector.com
G
Government
URL:www.usa.gov
URL:www.allpages.com/government/
H
Hispanic Association on Corporate Responsibility (HACR)
1444 I St. N.W. Suite 850
Washington, DC 20005
202/682-4012
202/682-0086 fax
President & CEO: Carlos Orta
E-mail:hacr@hacr.org
URL:www.hacr.org
Hispanic Chamber of E-Commerce
4660 La Jolla Village Dr. Suite 500
San Diego, CA 92122
Tel.: (619) 787-3793
Fax: (858) 456-5238
URL:http://www.hiscec.com
I
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Institute for Supply Management (ISM)
P.O. Box 22160
Tempe, AZ 85285-2160
480/752-6276
480/752-7890 fax
URL:www.ism.ws
International Franchise Association
1350 New York Avenue, NW,
Suite 900
Washington, DC 20005-4709
202/628-8000
202/628-0812 fax
President & CEO:Stephen J. Caldeira CFE
E-mail:IFA@franchise.org
URL:www.franchise.org
INVenture, A Business Planner For New Entrepreneurs
URL:www.agecon.purdue.edu/planner/
IRS Self-Employed Individuals Tax Center
URL:http://www.irs.gov/businesses/small/article/0,,id=115045,00.html
L
Latin American Management Association (LAMA)
419 New Jersey Avenue, SE
Washington, DC 20003
202/546-3803
202/546-3806 fax
CEO: Stephen Denlinger
URL:www.lamausa.com
Latin Business Association (LBA)
120 South San Pedro Street, Suite 530
Los Angeles, CA 90012
213/628-8510
Fax: 213/628-8519
CEO: Ruben Guerra
URL:www.lbausa.com
M
Making It! Minority Business Success Stories
Nelson Davis Television Productions – Production Office
5800 Sunset Boulevard
Los Angeles, CA 90028
Business Office
2809 2nd Street
Santa Monica, CA 90405
(310) 392-7322
info@makingittv.com
URL:www.makingittv.com
Minority Business Development Agency (MBDA)
U.S. Department of Commerce
14th & Constitution Avenue, NW
Room 5055
Washington, DC 20230
202/482-5061
202/501-4698 fax
Director: David A. Hinson
URL:www.mbda.gov
Minority Business Enterprise Legal Defense and Education Fund (MBELDEF)
1100 Mercantile Lane
Suite 115-A
Largo, MD 20774
301/583-4648
301/772-8392 fax
President: Anthony Robinson
URL:www.mbeldef.org
MultiCultural Foodservice & Hospitality Alliance
1144 Narragansett Blvd.
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Cranston, RI 02905
401/461-6342
401/461-9004 fax
President/Founder: Gerry Fernandez
E-mail:info@mfha.net
URL:mfha.net
N
National Association of Minority Contractors (NAMC)
The Barr Building
910 17st Street, NW, Suite 413
Washington, DC 20006
202.296.1600
202.296.1644 fax
NAMC Executive Operations Manager: Shirita Turner
info@namcnational.org
www.namcnational.org
National Bankers Association (NBA)
1513 P Street, NW
Washington, DC 20005
202/588-5432
202/588-5443 fax
President: Michael A. Grant
URL:www.nationalbankers.org
National Business Incubation Association (NBIA)
340 West State Street, Unit 25
Athens, OH 45701-3751
740/593-4331
740/593-1996 fax
Acting CEO: Tracy Kitts
E-mail:info@nbia.org
URL:www.nbia.org
National Center for American Indian Enterprise Development (NCAIED)
NCAIED Executive Office
953 E. Juanita Avenue
Mesa, AZ 85204
480/545-1298
480/545-4208 fax
President/CEO: Gary Davis
E-mail:sponsor@ncaied.org
URL:www.ncaied.org
National Minority Business Council (NMBC)
25 W. 45th Street
Suite 301
New York, NY 10017
212/997-4753
212/997-5102 fax
President: John Robinson
E-mail:info@nmbc.org
URL:www.nmbc.org
National Minority Supplier Development Council (NMSDC)
1359 Broadway
10th Floor
New York, NY 10018
212/944-2430
212/730-6391 fax
President: Joset B. Wright
E-mail:nmsdcl@aol.com
URL:www.nmsdc.org
NMSDC Regional Council Listing
NMSDC Regional Council Listing
P
Procurement Technical Assistance Center (PTAC)
URL:www.aptac-us.org
R
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Rising Tide Capital
344 Martin Luther King Drive
Jersey City, NJ 07305
Phone: 201-432-4316
Fax: 201-432-3504
CEO: Alfa Demmellash
E-mail:Info@RisingTideCapital.org
URL:www.RisingTideCapital.org
Twitter: @RisingTideOrg
Facebook:www.Facebook.com/RisingTideCapital
S
San Francisco Black Chamber of Commerce
1006 Webster Street
San Francisco, CA 94115
415/777-6400
415/777-8250 fax
President & CEO: Melvin Washington
URL:www.sfbcc.org
SCORE
URL:http://scorelv.org
Small Business Administration
409 3rd Street, SW
Washington, DC 20416
800/827-5722
Administrator: Hector V. Barreto
URL:www.sbaonline.sba.gov
Small Business Television Network
URL:www.sbtv.com
State of California
Department of General Services
Office of Small and Minority Business
707 Third Street
West Sacramento, CA 95605-2811
916/376-5000
Director: Clothilde V. Hewlett
California State Contracts Register:www.dgs.ca.gov
U
U.S. Agency for International Development (USAID)
Office of Small Disadvantaged Business Utilization (OSDBU)
Ronald Regan Building
Washington, DC 20523-1000
202/712-4810
202/216-3524 fax
Commerce Business Daily News (CBD) & Procurement Information
Bulletin (PIB) available on:gopher.info.usaid.gov
orwww.info.usaid.gov or procure@info.usaid.gov
U.S. Department of Commerce (USDOC)
Office of Small Disadvantaged Business Utilization (OSDBU)
14th & Constitution Avenue NW
Room 6411
Herbert C. Hoover Building
Washington, DC 20230
202/482-1472
202/482-0501 fax
Director: Tlaloc J. Garcia
URL:www.commerce.gov
U.S. Department of Transportation (DOT)
Office of Small Disadvantaged Business Utilization (OSDBU)
1200 New Jersey Avenue, SE, W56-485
Washington, DC 20590
Phone: (202) 366-1930
Fax: (202) 366-7228
Director: Brandon Neal
http://osdbu.dot.gov
U.S. Department of Transportation (DOT)
U.S. Department of Commerce (USDOC)
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14th & Constitution Avenue NW
Room 6411
Herbert C. Hoover Building
Washington, DC 20230
202/482-1472
Fax: 202/482-0501
Chief Information Officer: Simon Szykman
Acting Secretary Rebecca Blank:
Email:TheSec@doc.gov
URL:www.commerce.gov
U.S. Hispanic Chamber of Commerce
1424 K Street NW,
Suite 401
Washington, DC 20005
202/842-1212
202/842-3221 fax
President & CEO: Javier Palomarez
E-mail:ushcc@ushcc.com
URL:www.ushcc.com
USPAACC National Office
1329 18th Street, NW
Washington, DC 20036
202/296-5221
202/296-5225 fax
President: Susan Au Allen
E-mail:info@uspaacc.com
URL:www.uspaacc.com
V
The Veterans Corporation
URL:www.veteranscorp.org
W
Women’s Business Enterprise National Council
1120 ConnecticutAvenue, NW
Suite 1000
Washington, DC 20036
Tel: 202-872-5516
Fax: 202-872-5505
President & CEO: Pamela Prince-Eason
www.wbenc.org
WBENC Regional Partner Organizations
http://www.wbenc.org/About-WBENC/Regional-Partner-Organizations/
World Wide Minority Business Network
URL:www.mbnet.com
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